SLI co founder Geoff Brash resigns after reducing his stake at end of escrow period

Wed, 01 Oct 2014

By Suze Metherell Oct. 1 (BusinessDesk) - Co-founder of SLI Systems Geoff Brash, who last week halved his stake in the search engine developer, has resigned as vice president from the company as the shares trade at a record low. Brash will end 13 years with the company when he formally resigns as vice president from Business Intelligence at the end of this year, the Christchurch-based company said in a statement after close of trading. Last week, he was among initial shareholders who sold some 6.8 percent of the company, at a 23 percent...

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